Cattle, hog futures close higher

At the Chicago Mercantile Exchange, live and feeder cattle futures were higher, with boxed beef up at midday, waiting for the week’s direct business. There was also ongoing position squaring ahead of this Friday’s USDA Cattle on Feed report and next Friday’s USDA Cattle Inventory update. February live was $.72 higher at $233.10 and April […]

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Butter up, blocks down at CME Wednesday

Cash dairy prices were steady-to-lower except for butter on Wednesday at the Chicago Mercantile Exchange.    Dry whey was unchanged at $0.72.  No sales were recorded.  Forty-pound cheese blocks were down $0.05 at $1.3925.  Six sales were recorded, ranging